Posted on: Jan 30, 2015

Effective 1 April 2015, there are changes to the tax treatment of allowances that you might provide your employees. Allowances are payments made to an employee in addition to their salary or wage and can include payments for accommodation, food or clothing.

The changes clarify the tax treatment of employer-provided accommodation, accommodation payments and other allowances or payments made by employers to cover employee expenditure.

Find out more about benefit allowances (accommodation, meals or clothing)

Source: www.ird.govt.nz



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